Exxon Mobil Co. (NYSE:XOM) Shares Acquired by Darwin Wealth Management LLC

Darwin Wealth Management LLC increased its position in Exxon Mobil Co. (NYSE:XOM) by 2.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,775 shares of the oil and gas company’s stock after buying an additional 104 shares during the period. Darwin Wealth Management LLC’s holdings in Exxon Mobil were worth $377,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of XOM. SCP Investment LP acquired a new position in Exxon Mobil during the fourth quarter worth approximately $715,000. GDS Wealth Management increased its position in Exxon Mobil by 13.3% during the fourth quarter. GDS Wealth Management now owns 5,389 shares of the oil and gas company’s stock worth $539,000 after purchasing an additional 632 shares during the last quarter. Breed s Hill Capital LLC acquired a new position in Exxon Mobil during the fourth quarter worth approximately $313,000. Wealthspire Advisors LLC increased its position in Exxon Mobil by 30.9% during the fourth quarter. Wealthspire Advisors LLC now owns 122,751 shares of the oil and gas company’s stock worth $12,273,000 after purchasing an additional 28,975 shares during the last quarter. Finally, Pioneer Trust Bank N A OR increased its position in Exxon Mobil by 6.5% during the fourth quarter. Pioneer Trust Bank N A OR now owns 55,607 shares of the oil and gas company’s stock worth $5,560,000 after purchasing an additional 3,394 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Stock Up 2.0 %

NYSE XOM traded up $2.32 during trading hours on Thursday, reaching $118.47. 17,561,295 shares of the company traded hands, compared to its average volume of 18,813,258. Exxon Mobil Co. has a 12 month low of $95.77 and a 12 month high of $123.75. The company has a current ratio of 1.38, a quick ratio of 1.06 and a debt-to-equity ratio of 0.15. The stock has a market capitalization of $467.13 billion, a PE ratio of 14.52, a PEG ratio of 4.03 and a beta of 0.96. The company has a 50 day moving average of $115.38 and a two-hundred day moving average of $107.02.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, April 26th. The oil and gas company reported $2.06 EPS for the quarter, missing analysts’ consensus estimates of $2.19 by ($0.13). Exxon Mobil had a net margin of 9.62% and a return on equity of 16.75%. The company had revenue of $83.08 billion for the quarter, compared to the consensus estimate of $79.69 billion. During the same quarter last year, the company earned $2.83 earnings per share. The company’s revenue was down 4.0% compared to the same quarter last year. As a group, equities analysts expect that Exxon Mobil Co. will post 9.61 earnings per share for the current year.

Exxon Mobil Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 10th. Shareholders of record on Wednesday, May 15th will be paid a dividend of $0.95 per share. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $3.80 dividend on an annualized basis and a yield of 3.21%. Exxon Mobil’s dividend payout ratio (DPR) is 46.57%.

Insider Buying and Selling at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,426 shares of the stock in a transaction on Monday, April 29th. The shares were sold at an average price of $119.01, for a total transaction of $288,718.26. Following the sale, the vice president now directly owns 25,363 shares of the company’s stock, valued at $3,018,450.63. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Exxon Mobil news, VP Darrin L. Talley sold 2,426 shares of the stock in a transaction on Monday, April 29th. The shares were sold at an average price of $119.01, for a total transaction of $288,718.26. Following the sale, the vice president now directly owns 25,363 shares of the company’s stock, valued at $3,018,450.63. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Darrin L. Talley sold 2,400 shares of the stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $105.00, for a total transaction of $252,000.00. Following the completion of the sale, the vice president now directly owns 30,189 shares in the company, valued at approximately $3,169,845. The disclosure for this sale can be found here. 0.03% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. TD Cowen upped their price target on shares of Exxon Mobil from $128.00 to $135.00 and gave the stock a “buy” rating in a research report on Tuesday, April 30th. Piper Sandler increased their price objective on shares of Exxon Mobil from $130.00 to $145.00 and gave the stock an “overweight” rating in a research report on Thursday, April 18th. UBS Group increased their price objective on shares of Exxon Mobil from $150.00 to $152.00 and gave the stock a “buy” rating in a research report on Tuesday. HSBC increased their price objective on shares of Exxon Mobil from $111.00 to $120.00 and gave the stock a “hold” rating in a research report on Tuesday, April 30th. Finally, Mizuho reissued a “neutral” rating and issued a $125.00 price objective on shares of Exxon Mobil in a research report on Thursday, April 4th. Eight research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat, Exxon Mobil presently has an average rating of “Moderate Buy” and a consensus price target of $134.18.

Exxon Mobil Profile

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.